SaaS startup MBG Card raises Rs 2.72 Cr led by IPV

SaaS startup MBG Card has raised Rs 2.72 crore in a new round led by Inflection Point Ventures. The round also saw participation from Velocity and Klub. 

The proceeds will be used to enhance marketing efforts, product development, and team building.

Founded by Abhinavv Dubeyy, MBG Card offers a comprehensive, one-stop digital transformation solution tailored for non-tech-savvy businesses. It simplifies the process of creating an online presence, managing review ratings, marketing, and automating customer chat functions.

Jabalpur-based MBG Card claims to serve over 10,000 clients across India and internationally. The firm continues to grow, onboarding thousands of new clients each month, and expanding its presence globally. With a dedicated team of over 70 employees.

According to market research, the global digital transformation market is expected to reach $1.5 trillion by 2025, with India’s SaaS market growing at a rapid pace due to increasing adoption by SMEs.